EURUSD 4 HOUR CHART – Back on the defensive
Having failed above 1.12, EURUSD has tested the neutral midpoint of 1.10-1.12.
If 1.1100-03 is firmly broken, then 1.1083 and 1.1068 come on the radar with a black hole below it
If 1.1100 holds, then 1.1120-25 would need to hold on top or risk shifts back to 1.1150.
Focus now shifts to US data with JOLTS and ISM PMI next on the docket.